Archive · 30 Sep 2025
BEL Stock: Motilal Oswal Sees Upside, Citing Defense Orders
Motilal Oswal, a financial firm, believes that the stock price of Bharat Electronics Ltd (BEL) could go up by about 24%.
They expect BEL to get many new orders, especially from the Indian Army, like for missiles and other defense systems.
BEL has a lot of orders already and a lot of money saved.
This means the company might grow faster.
They think BEL will keep growing its sales and profits for several years.
BEL's stock has also been performing well in the stock market, increasing in value recently.
Motilal Oswal has a Buy rating on Bharat Electronics.
Target price of Rs 490 suggests a 24% upside.
BEL recently received an order for the QRSAM project.
Additional orders are expected, including for corvettes and exports.
Motilal Oswal expects strong cash flow for BEL.
- Who
- Bharat Electronics (BEL) and Motilal Oswal
- What
- Motilal Oswal maintains a Buy rating for BEL shares.
- When
- Recent
- Where
- N/A
- Why
- Due to anticipated orders and strong financial position.
- Company
- Bharat Electronics (BEL)
- Target Price (Motilal Oswal)
- Rs 490
- Potential Upside
- 24%
- Recent Order
- QRSAM Project from Indian Army
- Upcoming Orders
- Next-gen corvettes, electronic warfare, Tejas Mk1A electronics, exports
- Cash Surplus (FY25)
- Rs 9,400 crore
Sources
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